Park South, NY homes for sale & real estate

Park South, NY Homes for Sale

Own an entire corner of Center Square overlooking iconic Washington Park! This rare Albany offering features 6 doors across 3 buildings, all tied together by a shared basement and conveyed as one exceptional property. For owner-occupants, the vacant 4-bed, 3.5-bath brownstone is turn-key and ready for you to call home. Live in one of Albany's most beloved neighborhoods while enjoying instant income from the 5 fully rented 1-bed/1-bath apartments. Let your tenants offset your mortgage while you enjoy proximity to downtown, Lark Street, Albany Law, Albany Med, shops, parks, cafés, & restaurants. For investors, the numbers speak for themselves: projected long-term rental income of

Park South, NY Homes for Sale

Attention Investors: Get your cash flow here. Purchase a famous tavern, the building it's in, and 3 additional adjoining rental properties containing 8 apartments. You can be the next owner of the well known neighborhood staple the 'Palais Royale' Bar and Grill. Included are the bar, the liquor license, ATM, dartboard, pool table, wall mounted jukebox, TV's and all FFE. Full kitchen with halon fire suppression system. 162 Jefferson St (2 units, 2BR/1BR) 164 Jefferson St is the Palais Royale Bar and Grill with an apartment upstairs (1BR). 166 Jefferson St (2 units, 2BR /2BR) 168 Jefferson St (3 units) has 2 apartments upstairs (2BR/1BR) and a 1,860 ft unit commercial space on the first floor

Park South, NY Homes for Sale

Enjoy classic Albany charm and modern convenience in this inviting one bedroom condo overlooking Washington Park. Located in the heart of the city, this residence offers bright living space with picturesque park views and timeless architectural character. 8th floor provides immaculate sunset views throughout the city. The kitchen features modern updates with stylish cabinetry, contemporary finishes, and ample storage. The building blends historic appeal with recent improvements, including refurbished elevators, on-site laundry. Just steps from downtown Albany's restaurants, hospitals, schools, government offices and entertainment, this condo delivers both comfort and an unbeatable location.

Park South, NY Homes for Sale

''PRICE REDUCED'' -MOTIVATED SELLER, BRING OFFERS! 2 CAR GARAGE with a private back yard facing south for afternoon sun and relaxation. A block from Washington park and walk to restaurants, shops and downtown Rockefeller Plaza, State Capital and AMC. Great investment property that generates excellent revenue (39,300 annual) and/or owner occupied. Second floor washer dryer with two bedrooms up and one on the first floor. Three season porch off the back. Nice studio apt, Garden level with alley way access to the back yard. Great tenants currently with leases until Garden apt lease expires 5-31-26 1st floor apt lease expires 6-30-26

Park South, NY Homes for Sale

Rare opportunity to own a 5-unit property in the heart of Pine Hills! Each unit is a 1-bedroom/1-bath efficiency with all utilities included, making it highly attractive to tenants. Just 1 mile from Albany Med and 1 mile from Washington Park, the location offers consistent rental demand and walkability to key amenities. This property delivers a rare 9% cap rate with upside potential to 10%, making it an excellent choice for investors seeking both cash flow and growth.

Park South, NY Homes for Sale

Fantastic opportunity to own a townhouse style 2 family near center square in albany. This beautiful building features a spacious 2 story apartment with 3 bedrooms and 2.5 baths and a basement unit with 1 bedroom and 1 bath. Perfect for both an investor looking to build their portfolio or an owner occupant looking for a great home to live in while collecting rent.